Autodesk Inc (ADSK)

Return on total capital

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	1,210,000	1,128,000	1,090,000	1,012,000	992,000	989,000	855,000	792,000	698,000	618,000	659,400	634,400	632,500	629,100	578,500	521,100	448,800	343,000	249,500	153,600
Long-term debt	US$ in thousands	2,285,000	2,284,000	2,283,000	2,282,000	2,282,000	2,281,000	2,280,000	2,279,000	2,279,000	2,277,900	2,626,800	1,638,400	1,637,900	1,637,200	1,636,600	1,636,100	1,635,600	1,635,100	1,290,300	1,389,800
Total stockholders’ equity	US$ in thousands	2,161,000	1,855,000	1,482,000	1,206,000	897,000	1,145,000	906,000	740,000	681,000	849,000	1,280,000	1,328,000	1,128,000	965,000	69,300	67,300	-139,100	-139,000	-171,500	-194,300
Return on total capital		27.22%	27.25%	28.95%	29.01%	31.20%	28.87%	26.84%	26.23%	23.58%	19.76%	16.88%	21.39%	22.87%	24.18%	33.91%	30.59%	29.99%	22.93%	22.30%	12.85%

April 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,210,000K ÷ ($2,285,000K + $2,161,000K)
= 27.22%

Autodesk Inc's return on total capital has shown fluctuations over the past few years. The return on total capital has generally been positive and has ranged from as low as 12.85% in July 2019 to as high as 33.91% in October 2020.

In recent periods, the return on total capital has been relatively stable, hovering in the mid to high 20% range. This indicates that Autodesk has been generating a solid return on the total capital employed in its operations. It is important for investors and stakeholders to monitor this ratio over time to assess the company's efficiency in utilizing its capital to generate profits.